Penny Stocks Are Hot. Here Are The Ones To Avoid

Penny stocks can have 1-2 years where they earn good profits. Investors should not confuse this prosperity with safety and end up buying the stocks.

Penny stocks have become the favourite category for many retail individuals, especially first-time investors.

As there are several instances where penny stocks have gone up 1,000% in just a matter of months, investors often get lured by the big gains.

Make no mistake, because of their low price, these stocks can deliver a strong profit even with a small price move.

And the ability to buy a significant number of shares with a smaller investment holds some appeal among retail individuals.